logo

Bitcoin scam: Google pulls work from Sykes over employees’ misconduct

CryptoKitties and Libra teams join forces for developer friendly system

American internet giant Google recently pulled a work it outsourced to Skyes’ Cebu branch in the Philippines to another local vendor, over a Bitcoin scam incident. The development stems from the bad behaviour of a few Sykes Philippines employees, who reportedly siphoned over $1 million by converting Google gift cards to the cryptocurrency.

Sykes employees siphoned over $1 million in the Bitcoin scam

Google confirmed the development in a statement made to a local news outlet, Newsbytes.PH on Sunday. A spokesperson for Google also revealed that the work outsourced to Sykes Philippines had been transferred to another vendor in the country. The company itself admitted to the Bitcoin scam in a statement which reads:

“In the past few months, we learned that a small number of employees violated our standards of conduct. We took swift action on those employees in accordance with company policies.”

The employees’ misconduct was initially dragged out on social media precisely in August. It was alleged that about three workers at Sykes Philippines branch in Cebu were illicitly converting Google gift cards to Bitcoins for a long time. It was mentioned in the report that these employees siphoned P60 million (about $1,232,000) from the Bitcoin scam. 

Sykes refutes workers dismissal

Following the development, several posts were made on social media which claimed that about 300 workers lost their position in the company, as a result of the mishap. However, Sykes dismissed these claims, saying that the employees who weren’t involved in the Bitcoin scam, were reassigned to other work.

The company stated precisely: 

“While there have been business changes that may have impacted some groups, we have ensured that all our hardworking employees are reassigned to other programs.”

[wp-faq-schema title="FAQs" accordion=1]
Ibiam Wayas

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

Related News

Hot Stories

Polkadot price analysis: DOT falls below$6.40, further decline expected
Bitcoin, Binance Coin, Near Protocol, and Flow Daily Price Analyses – 5 October Morning Prediction
Litecoin price analysis: LTC/USD shows dormant behavior at $54.10 after bearish run
Tezos price analysis: XTZ/USD dips to lows of $1.42 as a firm bearish momentum builds
Avalanche price analysis: AVAX/USD bearish as price slips to $17.05

Follow Us

Industry News

Hollywood star teams up with a crypto firm to give out free NFTs
BUSD turns 3. Here's a recap on how it all happened
What’s next for LUNC after Binance burns $1.8M in tokens?
Tron's Justin Sun plan for Credit Suisse goes viral
Access point nodes: How can they be of service?